Manager-Finance at Yum!

, delhi, India -

Full Time

Start Date

Immediate

Expiry Date

22 Jun, 26

Salary

0.0

Posted On

24 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Revenue Recognition, US GAAP, IFRS, Contract Review, Balance Sheet Reconciliation, Flux Analysis, Variance Analysis, SOX Compliance, Process Improvement, Stakeholder Management, SAP, JDE Oracle, Accounting Policies, External Audit Support, Internal Controls

Industry

Restaurants

Description

Key Responsibilities: Revenue Recognition Accounting • Ensure accurate, complete, and timely revenue recognition in accordance with US GAAP / IFRS and company accounting policies. • Review and analyze customer contracts, amendments, and side agreements to determine appropriate revenue recognition treatment, including identification of performance obligations, transaction price allocation, and timing of revenue. • Partner cross functionally with Legal, Development, and FP&A to validate revenue related inquiries. • Support external and internal audits by providing revenue-related schedules, reconciliations, and technical accounting documentation. Balance Sheet Schedule Ownership & Review • Own and review monthly balance sheet schedules related to revenue, deferred income, unbilled revenue, contract assets, and contract liabilities. • Perform detailed account reconciliations, ensuring balances are accurate, supported, and compliant with accounting standards and internal controls. • Investigate, explain, and resolve reconciling items, aged balances, and unusual movements on balance sheet accounts. • Ensure timely clearance of open items and adherence to month-end and year-end close timelines. • Continuously improve balance sheet review processes to enhance transparency, accuracy, and audit readiness. Flux / Variance Analysis • Prepare and review monthly flux analysis for revenue and related balance sheet accounts, identifying key drivers of period-over-period movements. • Provide clear, concise explanations for material variances, including volume, pricing, contract changes, timing differences, and true ups. • Partner with FP&A and business stakeholders to align accounting explanations with business performance narratives. Development Agreement (DA) Tracking • Track and monitor Development Agreements (DAs) to ensure financial reporting aligns with contractual and commercial terms. • Coordinate with Legal, Development, and Commercial teams to update DA status and reflect changes in financial records. • Maintain accurate and auditable records of active, expired, and terminated agreements. DA Incentive – End-to-End Accounting • Manage end-to-end accounting for DA-related incentives, including calculation, accrual, recognition, settlement, and true-ups. • Validate incentive calculations and payment requests in collaboration with internal stakeholders. • Ensure accurate reporting and disclosure of DA incentives in financial statements. Controls, Process Improvement & Stakeholder Management • Ensure compliance with SOX/internal controls, including documentation, walkthroughs, and remediation of control gaps. • Drive process improvements and automation initiatives to enhance efficiency, accuracy, and scalability of revenue accounting operations. • Act as a key point of contact for revenue-related queries from auditors, controllers, and regional finance teams.

Responsibilities

The role is responsible for ensuring accurate and timely revenue recognition according to US GAAP/IFRS, owning and reviewing monthly balance sheet schedules related to revenue, and managing end-to-end accounting for Development Agreement (DA)-related incentives. Key duties also involve tracking Development Agreements and ensuring compliance with SOX/internal controls.